STOP Checking your portfolio every time!

It is not healthy for you !

In fact, I advise you collapse you wallet Balance to stay hidden from your sight!

RELAX! no need to panic sell!

I once made this mistake and I want you to avoid it!

What you are experiencing now as market crash is normal in the crypto market .

A lot of Fundamental reasons caused Bitcoin to go down or crash down to -7% or even more ; thereby crashing many Altcoins to over -40%!

But it is good to hold, because reversal will surely come!

use Market FUD to your advantage , don't let FUD use you!

FUD can make you sell in loss!

Imagine after selling all your spot holdings at loss and in the next few days, boom 💥 market reversed to the uptrend !
In this type of market uncertainty , it is advisable to hold on to your portfolio and avoid checking it every hour to avoid emotional trauma. Just relax.

This is not time to sell, this is time to buy bit by bit using DCA method .

NOTE: The entire content of this post is originally born out of my personal experiences and my personal opinion

Hope you find this useful !

Goodluck to all of you my friends 🤞

NFA
DYOR

Let's keep Learning and building together 💪

#Crypto_Angel #HotTrends

I'm excited to share my experiences about crypto trading bots with you. It is quite simple to use even as a beginner 🔥

I always use Binance bot trading for easy trading and more profit making. Meanwhile, my most favorite is spot grid trading. I have been making gains with it for some months now.

So I will teach you how to use trading bot in Binance.

Setting up Spot Grid :

I will use BTC/USDT for this practice

Manual setting:
Assuming the current price of BTC /USDT is $27025.14

Duration of running: I will choose 3Days

Now setting the parameters:

1. Price Range: 26905.91-29051.22

2. Grids

If you use this setup, you should get around 23 grids

* Select Arithmetic

* Profit/Grid (fees deducted): It is usually around 0.12% -0.14%

3. Investment in USDT: at least $140.

Note:
If you are a beginner, it is advisable to use automatic parameters

Explaining Grid for new users:

With grid bot trading, traders can automate their trading by setting up a grid of buy and sell orders based on a predefined set of parameters. This allows the bot to execute trades automatically and without human intervention, eliminating the possibility of errors caused by emotions, miscalculations, or fatigue.

Why I prefer using spot grid instead of future grid:

Actually, I trade both spot and future trading bots, however, I
Prefer Spot grid trading bots because, it generate profits only on capital deployed since they use spot wallet funds and insufficient funds will automatically stop the trade. This makes spot trading relatively safer since the trade is solely with one's own money.

If you need further guidance , drop it in comment section .

Lets keep learning and building together 💪

#CryptoTradingBots #DeFiChallenge

Understanding the meaning of tick Size and it's importance to a trader!

To this note, @Binance will update the Tick size of the following spot trading pairs:

MEANING ;
Tick size is the minimum price change between different bid and offer prices of an asset traded on an exchange platform. It is the minimum price difference that must exist at all times between consecutive bid and offer prices.

📍 Importance of Tick Size To a Trader

The main purpose of setting a tick size is to maintain orderliness and efficiency in trading activities. By establishing a standardized minimum price increment, exchanges ensure fair and transparent pricing for all participants. Traders closely monitor tick size as it directly impacts their potential profits or losses.

📍 So, In order to increase market liquidity and improve trading experience, Binance will complete adjustments for the tick size (i.e., the minimum change in the unit price) of certain spot trading pairs by 2024-04-22 05:00 (UTC) and 2024-04-22 07:00 (UTC).

📍 The adjustment will not affect spot trading and other relevant functions.

📍 Tick size via API will also change. API users may use GET /api/v3/exchangeInfo for the latest tick size. For further details and updates, please refer to API Changelog.

📍 The tick size update will not affect existing spot orders. After the tick size is updated, orders placed before the update will still be matched with the original tick size.

📍 Please adjust your trading strategies accordingly to avoid unnecessary impact on your trading.

Some of the pairs:

ACE/BNB, ACE/BTC, ACE/FDUSD, ACE/USDT, AEVO/BNB,AEVO/FDUSD, AEVO/USDT, APT/BTC, etc.
Read details and dates here

Have a beautiful new week !

#Crypto_Angel
#HotTrends @Binance Square Official

Picking a good cryptocurrency for Trading or Investment is not that difficult !

If you are a crypto beginner , you need to follow these steps in order to be making profitable trades or investments .

Thus, Several factors determine whether a token/coin is good for trading or investing in. Such factors include but not limited to: market capitalization (MC), liquidity, community support, and the technology behind the cryptocurrency.

Consider the token’s use-case scenarios, the founding team’s reputation, and the coin’s potential for growth.
Also, stay updated with cryptocurrency news to understand market trends and fluctuations.

HOW SAFE IS CRYPTO ?

Although investing in cryptocurrencies can be enticing due to high returns, it is crucial for beginner cryptocurrency traders to understand the associated risks. Cryptocurrencies can fluctuate widely quickly. Nevertheless, beginners can mitigate these risks with careful research, risk management strategies, and safe custody solutions.

AS A BEGINNER, SHOULD YOU PARTICIPATE IN A CRYPTO ICO?

A cryptocurrency ICO, also called blockchain ICO, can offer massive potential for high returns. ICOs are fundraising methods used by new projects where investors purchase tokens in exchange for fiat or digital currencies.

The lack of regulation and the high number of scams in ICOs mandate caution. Before investing in an ICO, beginners should perform in-depth research about the project, the team behind it, and its potential for success in the long run.

Don't forget that doing a proper research is very important before any investment in crypto trading or holding .

Don't forget to always manage your risk properly and control your emotions while trading .

Note that, everyone was once in his/her lifetime a beginner in every field because nobody was born perfect! Even the highest crypto analyst today was once like you , but with continuous education and experiences, you will become perfect too.

Keep building 💪
be persistent !
be consistent !

You will make it someday !

#Crypto_Angel #HotTrends

Omni, the 52nd project on Binance Launchpool farming is LIVE now!

Are you farming ?

You can farm OMNI by staking BNB or FDUSD in the Launchpool page .

You may decide to harvest your minted Omni token every 1 hour or or daily.

Meanwhile , in case you forget to mint till the end of farming period, don't worry because Binance will automatically send your accrued total tokens directly into your spot wallet along with your staked BNB /FDUSD .

Hurry to the Launchpool page now to stake your preferred required crypto .

If you need any further assistance , don't hesitate to use the comment section .

#Crypto_Angel #BinanceLaunchpool

A new trade and win Campaign from Binance !
Win from the $10,000 Token Voucher from @Binance

Trade in the USDC Trading Tournament to Share 10,000 USDC in Token Vouchers!

Binance is excited to launch a new trading tournament for all regular and VIP 1-3 users, who may trade selected tokens denominated in USDC during the Promotion Period to share 10,000 USDC in rewards.

Register for the Promotion Now!
Promotion Period: 2024-04-12 00:00 (UTC) to 2024-05-12 23:59 (UTC)

All eligible users who confirm their participation and reach a total spot trading volume of at least $3,500 equivalent on eligible spot trading pairs during the Promotion Period will qualify to participate in this promotion.

Eligible Spot Trading Pairs: ADA/USDC, ALT/USDC, ARB/USDC, AVAX/USDC, BCH/USDC, BLUR/USDC, BNB/USDC, BOME/USDC, BONK/USDC, BTC/USDC, CKB/USDC, DOGE/USDC, DOT/USDC, ENA/USDC, ETH/USDC, ETHFI/USDC, FET/USDC, FIL/USDC, FLOKI/USDC, FTM/USDC, INJ/USDC, JTO/USDC, JUP/USDC, LINK/USDC, LTC/USDC, MANTA/USDC, MATIC/USDC, NEAR/USDC, OP/USDC, ORDI/USDC, PENDLE/USDC, PEPE/USDC, PIXEL/USDC, SEI/USDC, SHIB/USDC, SOL/USDC, STRK/USDC, SUI/USDC, TIA/USDC, UNI/USDC, WLD/USDC, XRP/USDC, YGG/USDC

All qualified participants will then be ranked by their total spot trading volume (including both buy and sell) on eligible spot trading pairs during the Promotion Period.

The top 500 qualified participants will stand to share 10,000 USDC in token vouchers.

T&C apply .

For details and participation,read here

There is Ongoing New Limited-Time Offers Available Now On Binance Earn!

Binance Earn presents to you new offers that will launch each Wednesday. Stay tuned for Earn Wednesday to get rewards across Simple Earn, BNB Vault, ETH Staking, Dual Investment and more.

Please Note:

Flexible and Locked Products

Offers are available on a first-come, first-served basis

Once subscribed, users can view their assets by going to Wallets > Earn

Users may choose to redeem their assets in advance in Simple Earn Locked Products. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to differing global time zones, it may take 48-72 hours to receive the tokens

Users will automatically receive rewards from ongoing Launchpools when they hold BNB Vault and/or BNB Locked Products positions. Refer to this announcement for more information.More Earn Updates & Attractive Promotions]

Locked Products

Eligible users who confirm their participation and subscribe to SOL Locked Products during the Promotion Period may qualify for a share of 104,000 PYTH in airdrop rewards.

Dual Investment
Binance has launched a new batch of Dual Investment products with updated Target Prices and Settlement Dates, where users can utilize our Sell High or Buy Low products on a first-come, first-served basis.

SELL HIGH
Target Users:

Users who want to accumulate high rewards on the cryptocurrency holdings, or

Users who want to sell the Deposit Currency for a higher price in the future, compared to the market price on the subscription date

BUY LOW
Target Users:

Users who want to accumulate high rewards on stablecoin holdings, or

Users who want to buy a cryptocurrency for a lower price in the future, compared to the market price on the subscription date

For details of this campaign, read here

Eid Mubarak !

#Crypto_Angel

To all my Muslim Binancians ,

Eid Mubarak!

Wishing you and your family a blessed Eid filled with happiness, prosperity, and good health."

Enjoy your celebration 🌙🎉

YOU can now use #BinanceEarn to make more profits with $SAGA 🚀🔥

Binance Adds Saga (SAGA) on Earn, Convert, Margin & Futures

Binance is excited to announce that Saga (SAGA) has been added to Binance Simple Earn and Binance Convert. In addition, Binance will add SAGA on Binance Margin, Binance Futures and Binance Auto-Invest at 2024-04-09 10:30 (UTC), 2024-04-09 10:30 (UTC) and 2024-04-11 10:30 (UTC) respectively. 

Earn:
Users can now subscribe to SAGA Flexible Products on Binance Simple Earn.

From 2024-04-11 at 10:30 (UTC), users may purchase SAGA using any of the payment options supported on Binance Auto-Invest.

Convert:
Users can now trade SAGA against BTC, USDT and any other tokens supported by Binance Convert at zero fees. 

Margin:
Binance Margin will add SAGA as a new borrowable asset on Cross and Isolated Margin, as well as the SAGA/USDT pair on Cross and Isolated Margin at 2024-04-09 10:30 (UTC).

Futures:
Binance Futures will launch the USDⓈ-M SAGA Perpetual Contract at 2024-04-09 10:30 (UTC), with up to 50x leverage. 

DYOR

For details , Read here on Binance announcement channel
#Crypto_Angel #BinanceLaunchpool

$SAGA did over 14,000x 🔥 after listing on Binance! Wow 😳 ✴️🌟

#BinanceLaunchpool rocks 🚀 🔥

Which project is next ⁉️
#HotTrends

$SAGA will be listed in less than 30 minutes time!
If you participated in SAGA Launchpool you should have gotten your BNB and FDUSD back to your spot wallet in full without deduction .

Not get ready to enjoy your minted new tokens which is to be listed soon on #Binance

Depending on the amount of BNB or FDUSD or both staked during SAGA farming 🧺, you already got rewarded accordingly .

Congratulations on your new gains

if you minted small this time, you could mint bigger next time by staking higher amount of the required crypto in the next farming pool .

Enjoy ✨✴️
#Crypto_Angel

DIFFERENCE BETWEEN TOKEN AND COINS - Making it as simple as abc for beginners with great illustrations

Coins are digital assets that operate on their own independent blockchain. Tokens are digital assets that operate on an existing blockchain network.

In the world of cryptocurrencies, a coin is like the cool kid at school, the native cryptocurrency of a blockchain. It's the default currency, the one that gets to ride shotgun in the blockchain's metaphorical car. For example, Ether (ETH) is the default currency on the Ethereum blockchain. It's the big cheese, the head honcho, the one that gets to call the shots.

On the other hand, a token is like the new kid at school, who comes in and borrows the blockchain's network to make a name for itself. Tokens are created on existing blockchains and rely on the infrastructure provided by the native coins. They're like the blockchain's little helpers, performing various functions and serving different purposes.

In simpler terms, a coin is to a blockchain what a dollar is to the US economy - it's the main currency that keeps everything running smoothly. A token, on the other hand, is like a gift card or a casino chip - it has value and can be used within a specific ecosystem, but it's not the main currency of the broader economy.

So, there you have it! The difference between a token and a coin is all about their relationship to the blockchain

Happy Learning ✴️⭐✨

Stay tuned for more interesting contents 📍
#Binance

SPOT TRADING CONTEST -SHARE UP TO $120,000 IN BTC TOKEN VOUCHERS

Head over here
Join the contest

Trade in the Bitcoin Halving Trading Tournament to Share Up to $120,000 in BTC Token Vouchers!

As part of the “Halving Horizons: A Bitcoin Odyssey” promotion series, Binance is excited to launch the Bitcoin Halving Trading Tournament for all regular and VIP 1-3 users to showcase their trading skills and share up to $120,000 in BTC token vouchers. 
Register for the Promotion Now!

Promotion Period: 2024-03-14 00:00 (UTC) to 2024-04-14 23:59 (UTC)

Promotion A: Join the Bitcoin Halving Trading Tournament to Share Up to $100,000 in BTC Token Vouchers!

All eligible users who confirm their participation and reach a total spot trading volume of at least $3,500 equivalent on eligible spot trading pairs during the Promotion Period will qualify to participate in Promotion A. 

Eligible Spot Trading Pairs: BTC/ARS, BTC/BIDR, BTC/BRL, BTC/DAI, BTC/EUR, BTC/PLN, BTC/RON, BTC/TRY, BTC/TUSD, BTC/UAH, BTC/USDC, BTC/USDT, BTC/ZAR

Qualified participants will then be ranked based on their total spot trading volume (including both buys & sells) on eligible spot trading pairs during the Promotion Period, where the top 1,000 qualified participants will be eligible to share up to $100,000 in BTC token vouchers, as per the dynamic rewards pool below. Dynamic Rewards Pool:

The dynamic rewards pool goes up to $100,000 in BTC token vouchers, depending on the total number of qualified participants during the Promotion Period. The higher the total number of qualified participants in this promotion, the greater the rewards.

Users may view the latest rankings of qualified participants in Promotion A at the leaderboard page. In addition, users may refer to the progress bar page to view the latest number of qualified participants in Promotion A.

For complete article , read here

#Binance

Be among the winners of a crypto adventure featuring $500,000 in rewards from Binance !

Bitcoin Trading above $72,000 today as the Halving is 10 days away.

Binance Halving Horizons:

Binance marks the 2024 Bitcoin Halving with a crypto adventure featuring $500,000 in rewards. Embark on a series of activities designed to enrich your journey — from knowledge-enhancing challenges to competitive trading tournaments — and unlock rewards.

To participate in the Binance Halving campaigns , go to the binance halving function and choose your preferred campaigns to join.

Need further assistance ? head over to the comment section .

#BTC #Crypto_Angel

My Top 1 Altcoin pick in preparation of Bitcoin Halving 🌠🌟

With Bitcoin gaining momentum, expectations for its prospective market dominance are creating a favorable environment for exploring the best altcoin investments

In recent weeks, various digital assets have shown a surge in value. Anticipating the next bull market, it’s essential to keep an eye on potential gems that could lead to significant gains

Meanwhile , I would be hand- picking some Altcoins with great prospects everyday

Today's pick 📍
Ethereum (ETH):
In March, Ethereum emerged as one of the top three cryptocurrencies for investment consideration. It has long been regarded as the second most valuable cryptocurrency after Bitcoin, and it continues to hold a prominent place in the crypto market

It holds significance due to its broad usability for numerous transactions, encompassing a variety of decentralized applications (dApps). These applications cover NFT marketplaces, metaverse applications, DeFi projects, NFT acquisitions, emerging token purchases, participation in ICOs, and involvement in presale events

Ethereum, demonstrates its potential for remarkable growth, especially considering its current price of $3,400

$ETH widespread adoption through tools like Metamask, a popular wallet for interacting with DeFi applications, underlines its status as a key player in the crypto space. The asset’s substantial trading volume of over $9.7billion enhances its liquidity and attractiveness to investors

While Ethereum may not fall into the category of low-cap altcoins that promise overnight wealth, it offers a solid and relatively safe investment choice. Its deflationary nature adds to its long-term bullish outlook

As the crypto market evolves, Ethereum’s role as a fundamental asset for various blockchain applications could position it as a strong contender for substantial growth, making it an appealing choice for those looking to capitalize on future opportunities

As we pick ETH today, don't forget that Bitcoin remains the master player of all

Always buy with DCA and DYOR .

The 5 major things you should know about swing trading and how to make profits -a beginner's guide.

Swing trading is often considered better for beginners compared to scalp trading or day trading.

Swing trading is a commonly used trading strategy that can be ideal for beginner traders. It's a relatively convenient way to express opinions about the market due to the manageable time horizons involved.

Swing trading is a trading strategy that involves trying to capture price moves that happen on a short to medium time frame. The idea behind swing trading is to catch market "swings" that play out over a few days to several weeks.

Swing trading strategies work best in trending markets. If there's a strong trend on a higher time frame, swing trading opportunities can be plentiful, and swing traders can take advantage of larger price swings. In contrast, swing trading can be more difficult in a consolidating market. After all, if the market is going sideways, it's harder to capture large price changes.

How To be profitable in swing trading :

1. Start with small positions and gradually increase the size of your trades as you gain experience.

2. Keep a close eye on your overall portfolio risk.

3. Make sure that your swing trading strategy doesn't expose you to too much risk.

4. Use stop-loss orders to limit your losses on each trade.

5. Always trade with DCA

6. Always do a thorough Research

Remember :

📍 Cryptocurrency price prediction cannot be 100% accurate all the time, so invest wisely and manage your risk properly .

#HotTrends #Binance

Please let's all massively sign this petition and share with our Communities.

HELP BRING FORMER US FEDERAL AGENT TIGRAN GAMBARYAN HOME FROM UNJUST DETENTION IN NIGERIA

SIGN HERE: 👇to #BringTigranHome
https://www.change.org/p/help-bring-former-us-federal-agent-tigran-gambaryan-home-from-unjust-detention-in-nigeria

@Binance Square Official @davut1karabulut @MR RAEES OFFICIAL @Crypto Revolution Masters @Coinpedia

💥With heart filled with satisfaction and immense gratitude, I'm pleased to announce that I am now a Member of the @Binance Product Advisory Council (PAC), a new initiative in Binance .

We will try our best in bringing innovative ideas to further drive product improvement and innovation 🎉👏

Thank you all for your support in making one of my dreams come true and special thanks to Binance team who found me worthy to join🧡 🤝

Let's Keep Building together 💪

  #safu #BinancePAC #HotTrends

THE COUNTDOWN TO FARM SAGA ON #BinanceLaunchpool IS ONLY 8HOURS AWAY!!

Are you constantly checking the Launchpool page like me? 🥰🥰🤩

All you need is to have some BNB or FDUSD in your binance wallet and you are good to go!

Then stake it in the Launchpool to start farming the new token.

Care to know a little introduction about SAGA? There we go 🔥 🚀🚀

Saga is for developers:
Developers are the unsung heroes of web3 and deserve far better platforms and support on their
way to building their applications and chains.

Many in the crypto community believe that sovereign
chains communicating freely with one another is
the future for crypto infrastructure, and that now is
the right time to move in that direction. However,
most native crypto developers, not to mention web2
developers coming into web3, forgo being a part of
this vision because they find the upfront investment
and effort too high, only to see their projects
constrained once they grow.

Saga makes this vision accessible.
Saga is a protocol for automatically provisioning
application specific blockchains in the multichain
metaverse, or multiverse.
They are building this by
rearchitecting developer and end user interactions
with blockchains. Using shared security,
innovations
in validator orchestration, and an automated CI/
CD deployment pipeline standardized across
apps in single tenant VMs, Saga makes launching
a dedicated blockchain, or chainlet, as easy as deploying a smart contract.

SAGA network is best leveraged as a scalability layer
for web3 infrastructure. Saga offers:
› No upfront cost to launch a chain
› Predictable developer pricing for provisioning
block space
› Automated deployment of a single tenant
application onto its own chain
› A dedicated shared security chain for a
developer’s applications, ensuring high
throughput, no dependencies on other
applications using Saga, easy upgradability and congestion relief.

If you wish to know details , go to the Launchpool page to read the project info.
#Crypto_Angel #HotTrands

TRADING RISK MANAGEMENT STRATEGIES
Explained

The Common risk management strategies:
There is no single way to approach risk management.

Meanwhile , Investors and traders often use a combination of risk management tools and strategies to increase their chances of growing their portfolios. Below are a few examples of strategies that traders use to mitigate risks.

1% TRADING RULE:

The 1% trading rule (or 1% risk rule) is a method traders use to limit their losses to a maximum of 1% of their trading capital per trade.

This means they can either trade with 1% of their portfolio per trade or with a bigger order with a stop-loss equal to 1% of their portfolio value. The 1% trading rule is commonly used by day traders but can also be adopted by swing traders.

While 1% is a general rule of thumb, some traders adjust this value according to other factors, such as account size and individual risk appetite. For instance, someone with a larger account and conservative risk appetite may choose to restrict their risk per trade to an even smaller percentage.

SL/TP order(Stop-loss and take-profit orders):
Stop-loss orders allow traders to limit losses when a trade goes wrong.

Take-profit orders ensure that they lock in profits when a trade goes well. Ideally, stop-loss and take-profit prices should be defined before entering a position, and the orders should be set as soon as the trade is open.

Knowing when to cut losses is essential, especially in a volatile market where prices can tumble rapidly. Planning your exit strategy also prevents poor decision-making from emotional trading.

The stop-loss and take-profit levels are also essential for calculating the risk-reward ratio of each trade.

TO BE CONTINUED...

#Binance